Himalayan Barshik Nagad Firta Jeevan Beema Yojana (Annual Cash Back Policy )
This policy is an anticipated endowment policy which gives money back every year after one year till maturity at the rate of 4% of the sum assured. This innovative product was first introduced by Himalayan Life Insurance LTD in considerations of the policy holders who need money every year.
- Minimum Entry Age: 18 Years
- Maximum Entry Age: 55 Years
- Maximum Maturity Age: 65 Years
- Minimum Policy Term: 10 Years
- Maximum Policy Term: 20 Years
- Minimum Sum Assured: Rs. 500,000
- Premium Payment Mode: Yearly/Half Yearly/Quarterl
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- 4% of Sum Assured will be returned back to assured annually.
- Accrued Bonus plus remaining sum assured will be paid to the assured after maturity.
- Sum Assured plus bonus will be paid to nominee person in case of death of the assured during policy term.
Additional Benefits
- Premium Waiver
- Accidental Death Benefit
- Permanent Total Disability Benefit
| Applicable Riders and Maximum Limit |
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| Accidental Death Benefit (ADB) |
(Equal to basic sum assured or maximum NPR. 50,00,000 which ever is less) |
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| Total Permanent Disability and Premium Waiver (TPD/PW) |
(Equal to basic sum assured or maximum NPR. 50,00,000 which ever is less) |
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